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Recode: “A secretive group led by Stanford University academics has unleashed millions of dollars in political spending from Silicon Valley and is now convincing some of its biggest donors to spend millions more to back Democrats in 2020. … Mind the Gap, a network formed less than two years ago, has been quietly routing millions of dollars to Democratic candidates and groups across the country in the 2018 and 2020 election cycles, emerging as a new power center in the Silicon Valley political scene.”
The RNC goes into the presidential election year with more than seven times as much cash on hand as the DNC: $63 million vs. $8.3 million, according to FEC filings.
“Mike Bloomberg will donate $10 million Thursday to defend vulnerable Democratic House members against paid Republican attacks on their support for impeachment proceedings against President Trump,” the Washington Post reports. “The money, which is meant to even an arms race on the 2020 congressional battlefield, was cheered by House Speaker Nancy Pelosi (D-CA), who has been fielding concerns from some of her members over a costly Republican advertising offensive as the House moves toward an impeachment vote next week.”
“Joe Biden took in more than $15 million for his White House run over the past two months, a sum that shows the former vice president’s fundraising operation has rebounded slightly after a lackluster summer in which he trailed his leading rivals,” the AP reports.
Andrew Yang’s campaign told Politico that it had raised $750,000 on November 30 — from over 18,000 people — his single best fundraising day to date of his campaign.
The “green wave” of campaign cash that boosted Democrats and liberal causes in 2018 included an unprecedented gusher of secret money, new documents obtained by Politico show. “The Sixteen Thirty Fund, a little-known nonprofit headquartered in Washington, spent $141 million on more than 100 left-leaning causes during the midterm election year, according to a new tax filing from the group.”
Sen. Bernie Sanders’s presidential campaign announced on Tuesday that it has reached 4 million individual donors, The Hill reports.
“Joe Biden raised $15.2 million in the third quarter for his presidential bid as he seeks the 2020 Democratic U.S. presidential nomination,” Reuters reports. “Though the former vice president is one of the leading candidates for the nomination, his take lagged behind those of fellow presidential hopefuls Bernie Sanders and Pete Buttigieg, who raised $25.3 million and $19.1 million in the third quarter, respectively.”
“Andrew Yang raised $10 million in the third quarter of the year — a huge jump in support for the outsider Democratic presidential candidate,” Politico reports. “The haul is more than triple the $2.8 million Yang raised in the second quarter, as he has started to outpace sitting senators and other elected officials in polls.”
“Sen. Kamala Harris raised $11.6 million in the third quarter of 2019, a sum that is consistent with her previous hauls, despite the California Democrat’s falling poll numbers,” CNN reports. “Harris’ fundraising has been notably consistent throughout her presidential run. The candidate raised $12 million in the first quarter and $11.8 million in the second quarter.”